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€1
The 1 euro coin (€1) is a euro coin with a value of one euro. It is made of two alloys: the inner part of cupronickel, the outer part of nickel brass. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007. As of July 2019, there were approximately 7.5 billion one-euro coins in circulation, constituting 25.3% of all circulated euro coins by value and 5.6% by quantity. History The coin dates from 2002, when euro coins and euro banknotes, banknotes were introduced in the twelve-member Eurozone and its Eurozone#Use outside the Union, related territories. The common side was designed by Luc Luycx, a Belgium, Belgian artist who won a Europe-wide competition to design the new coins. The design of the one and two euro coins was intended to show the European Union (EU) as a whole with the then 15 countries more closely joined together than on the 10- to 50-cent coins (the 1- to 5- ...
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Euro Banknotes
Banknotes of the euro, the common currency of the eurozone (euro area members), have been in circulation since the first series (also called ''ES1'') was issued in 2002. They are issued by the national central banks of the Eurosystem or the European Central Bank. The euro was established in 1999, but "for the first three years it was an invisible currency, used for accounting purposes only, e.g. in electronic payments". In 2002, notes and Euro coins, coins began to circulate. The euro rapidly took over from the former national currencies and slowly expanded around the European Union. Denominations of the notes range from €5 to €500 and, unlike euro coins, the design is identical across the whole of the eurozone, although they are issued and printed in various member states. The euro banknotes are pure cotton fibre, which improves their durability as well as giving the banknotes a distinctive feel. They have a variety of color schemes and measure from to (first series) and ...
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